Question
The trial balance columns of the worksheet for Swifty Roofing at March 31, 2022, are as follows. Swifty Roofing Worksheet For the Month Ended March
The trial balance columns of the worksheet for Swifty Roofing at March 31, 2022, are as follows.
| Swifty Roofing Worksheet For the Month Ended March 31, 2022 | ||||
|---|---|---|---|---|
| Trial Balance | ||||
| Account Titles | Dr. | Cr. | ||
| Cash | 4,200 | |||
| Accounts Receivable | 3,100 | |||
| Supplies | 1,700 | |||
| Equipment | 10,648 | |||
| Accumulated DepreciationEquipment | 1,210 | |||
| Accounts Payable | 2,500 | |||
| Unearned Service Revenue | 500 | |||
| Common Stock | 8,348 | |||
| Retained Earnings | 3,500 | |||
| Dividends | 1,100 | |||
| Service Revenue | 6,100 | |||
| Salaries and Wages Expense | 1,000 | |||
| Miscellaneous Expense | 410 | |||
| 22,158 | 22,158 | |||
Other data:
| 1. | A physical count reveals only $400 of roofing supplies on hand. | |
| 2. | Depreciation for March is $242. | |
| 3. | Unearned service revenue amounted to $240 at March 31. | |
| 4. | Accrued salaries are $600. |
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Data Analysis And Decision Making
Authors: Christian Albright, Wayne Winston, Christopher Zappe
4th Edition
538476125, 978-0538476126
